| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||||||||
Net loss | ||||||||||||||||
-179,184 | -222,494 | -151,389 | -9,540 | -26,644 | -288,212 | -22,849 | -20,570 | -17,717 | 18,439 | -16,963 | -4,771 | -34,661 | 9,799 | 49,922 | -9,408 | -17,652 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||||||||
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||||||||||||
- | - | - | - | - | 0 | 100 | 2,300 | 1,300 | 0 | 0 | 0 | 0 | - | - | - | - |
Depreciation | ||||||||||||||||
4,968 | 5,242 | 5,314 | 5,327 | 5,364 | 5,212 | 5,338 | 5,773 | 5,141 | 6,275 | 5,015 | 5,382 | 5,472 | 5,517 | 4,622 | 4,325 | 4,234 |
Amortization of intangible assets | ||||||||||||||||
28,142 | 28,153 | 28,212 | 28,184 | 28,178 | 27,873 | 37,242 | 40,809 | 41,412 | 41,557 | 41,722 | 41,678 | 41,700 | 41,902 | 24,925 | 19,030 | 19,132 |
Amortization of convertible note discount and note issuance costs | ||||||||||||||||
3,597 | 3,700 | 3,531 | 3,993 | 4,007 | 3,960 | 3,912 | 3,861 | 3,813 | 3,765 | 3,717 | 3,671 | 3,628 | 3,580 | 3,533 | 3,490 | 3,445 |
Restructuring and asset impairment charges | ||||||||||||||||
739 | - | - | - | 1,813 | - | - | - | - | - | - | - | - | - | - | - | - |
Restructuring and asset impairment charges | ||||||||||||||||
- | - | - | - | - | 1,493 | 2,921 | 1,101 | 4,546 | 1,425 | 3,710 | 9,374 | 4,539 | 2,672 | 22,311 | 0 | 2,333 |
Goodwill impairment | ||||||||||||||||
171,572 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Equity-based compensation | ||||||||||||||||
6,296 | 6,246 | 5,148 | 8,932 | 8,379 | 11,553 | 9,471 | 6,731 | 12,024 | 13,780 | 13,007 | 11,749 | 14,025 | 15,639 | 13,676 | 9,917 | 8,438 |
Change in fair value of interest rate swaps | ||||||||||||||||
4,181 | -1,323 | -96 | 63 | 4,646 | 3,350 | -1,740 | -2,797 | -5,708 | -5,114 | -1,902 | -414 | -2,786 | -15,516 | -4,253 | 2,967 | 11,002 |
TiVo Acquisition litigation | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | -1,100 | 0 | -12,906 | 0 | 0 | 0 | 0 |
Gain (Loss) on Extinguishment of Debt | ||||||||||||||||
0 | -1,852 | 0 | -101 | -199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -108 | 0 | 0 | 0 | 0 |
Loss on debt modification | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -929 | 0 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||
4,481 | 6,638 | 4,111 | 635 | 672 | 6,144 | 149 | 179 | 119 | 28,228 | 557 | -856 | -736 | 173,597 | -88,289 | -162 | 939 |
Other operating, net | ||||||||||||||||
-1,411 | 664 | -1,564 | -3,915 | -28 | 444 | 429 | -349 | -1,899 | -325 | -314 | 4,221 | -549 | 644 | -471 | -455 | -622 |
Changes in operating assets and liabilities: | ||||||||||||||||
Accounts receivable | ||||||||||||||||
9,030 | -25,983 | 6,188 | 21,943 | 3,672 | -20,952 | -16,213 | 1,692 | -16,027 | -10,255 | 5,962 | 8,196 | 27,997 | 1,845 | 8,955 | -10,602 | 11,445 |
Inventory | ||||||||||||||||
-253 | 141 | -721 | 23 | -1,303 | -514 | -2,271 | -2,930 | 1,583 | -129 | 791 | -644 | -1,623 | -1,013 | -1,691 | 633 | -202 |
Prepaid expenses and other current assets and other long-term assets | ||||||||||||||||
60 | -5,136 | -3,078 | -66 | 3,860 | 1,377 | -4,435 | 2,257 | -5,199 | -6,289 | 35,348 | 20,526 | 2,537 | 7,464 | 791 | -3,973 | 13,919 |
Right-of-use assets, net of lease liabilities | ||||||||||||||||
732 | 15,951 | -5,915 | -9,417 | 413 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Accounts payable and accrued expenses and other long-term liabilities | ||||||||||||||||
-41,672 | 29,690 | -8,121 | 65 | -17,947 | 10,403 | -6,261 | -4,670 | -24,306 | 10,732 | -178 | 5,382 | -34,884 | 559 | 5,591 | 11,137 | -14,065 |
Taxes payable | ||||||||||||||||
-1,243 | 361 | 551 | -3,433 | 1,378 | 2,637 | 704 | 1,773 | -2,951 | -1,514 | 12 | 1,847 | 282 | -1,958 | 1,092 | -1,447 | -1,472 |
Unearned revenue | ||||||||||||||||
-5,053 | -5,243 | -14,161 | 360 | 2,238 | -15,456 | 1,007 | -2,800 | -652 | 2,710 | 19,303 | 2,338 | -3,365 | 5,595 | 2,127 | 784 | -840 |
Net cash (used in) provided by operating activities - Continuing operations | ||||||||||||||||
-20,296 | - | - | - | 4,325 | - | - | - | - | 80,825 | 26,199 | 44,793 | -19,733 | - | - | - | - |
Net cash used in operating activities - Discontinued operations | ||||||||||||||||
-406 | - | - | - | 0 | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - |
Net cash (used in) provided by operating activities - Continuing operations | ||||||||||||||||
-20,702 | 71,801 | 9,770 | 27,525 | 4,325 | 44,813 | 51,943 | 26,064 | 35,728 | 80,825 | 26,199 | 44,793 | -19,733 | 55,347 | 32,190 | 55,030 | -9,046 |
Investing activities: | ||||||||||||||||
Payments for purchase of short- and long-term marketable securities | ||||||||||||||||
0 | 5,974 | 17,605 | 21,766 | 29,849 | 50,659 | 61,571 | 52,921 | 36,091 | 26,612 | 22,291 | 27,317 | 72,371 | 43,432 | 72,302 | 27,978 | 31,879 |
Proceeds from sales or maturities of securities | ||||||||||||||||
51,310 | 95,242 | 20,501 | 96,298 | 49,000 | 51,440 | 53,170 | 51,415 | 38,168 | 23,014 | 28,081 | 29,959 | 92,221 | 33,869 | 104,485 | 56,709 | 22,798 |
Return of cash paid for TiVo Acquisition | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 25,143 | 0 | 0 | 0 | 0 |
Payments for purchase of property and equipment | ||||||||||||||||
2,683 | 1,710 | 6,880 | 4,558 | 4,305 | 6,815 | 2,888 | 6,248 | 7,917 | 15,428 | 9,415 | 6,019 | 7,100 | 4,537 | 2,015 | 3,063 | 10,732 |
Payments to Acquire Intangible Assets | ||||||||||||||||
0 | -50 | 50 | 2,600 | 4,250 | 1,700 | 0 | 0 | 0 | 0 | 0 | 250 | 1,750 | 0 | 0 | 0 | 2,500 |
Other investing, net | ||||||||||||||||
0 | 0 | 3 | 0 | -3 | -4 | 0 | -4 | -11 | 267 | 19 | 19 | 29 | 15 | 2 | 29 | 17 |
Net cash provided by investing activities | ||||||||||||||||
48,627 | 87,558 | -3,987 | 67,374 | 10,599 | -7,730 | -11,289 | -7,750 | -5,829 | -19,293 | -3,644 | -120,676 | 36,114 | -14,115 | 196,478 | 25,639 | -22,330 |
Financing activities: | ||||||||||||||||
Proceeds from issuance of long-term debt, net of issuance costs | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 681,552 | 0 | 0 | 0 | 0 |
Principal payments on long-term debt | ||||||||||||||||
296,788 | 621,912 | 0 | 49,375 | 46,588 | 1,750 | 1,750 | 1,750 | 1,750 | 1,750 | 1,750 | 1,750 | 684,250 | 231,702 | 1,750 | 1,750 | 1,750 |
Payments of Dividends | ||||||||||||||||
0 | 0 | 10,000 | 10,000 | 22,500 | 22,300 | 22,400 | 22,100 | 22,200 | 21,862 | 21,889 | 21,687 | 21,662 | 0 | 0 | 0 | 0 |
Payments for contingent consideration and deferred holdback | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 750 |
Payments for withholding taxes related to net settlement of restricted awards | ||||||||||||||||
643 | 660 | 2,297 | 1,698 | 1,397 | 629 | 2,570 | 1,291 | 2,894 | 2,310 | 1,504 | 1,659 | 9,621 | 4,702 | 5,323 | 292 | 3,750 |
Proceeds from employee stock purchase plan | ||||||||||||||||
5,239 | 0 | 3,920 | 0 | 6,952 | 0 | 5,279 | 1 | 7,574 | 117 | 7,998 | 2,645 | 11,721 | 3,443 | 6,635 | 114 | 7,215 |
Net cash used in financing activities | ||||||||||||||||
-292,192 | 69,694 | -8,325 | -61,074 | -63,577 | -24,668 | -23,254 | -25,227 | -19,231 | -25,813 | -19,795 | -22,451 | -22,260 | -229,453 | 2,345 | -1,928 | 965 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||
-933 | 215 | -341 | 327 | -120 | -115 | 65 | -1,191 | 661 | 459 | 132 | 593 | 888 | -1,768 | 329 | 690 | 579 |
Net decrease in cash and cash equivalents | ||||||||||||||||
-265,200 | 229,268 | -2,883 | 34,152 | -48,773 | 12,300 | 17,465 | -8,104 | 11,329 | 36,178 | 2,892 | -97,741 | -4,991 | -189,989 | 231,342 | 79,431 | -29,832 |